We show the updated today’s value/price of Venezuelan Bolivar Fuerte (VEF).You can get the exchange from Venezuela Bolivar Fuerte to another currency by introducing the value or amount of Venezuelan Bolivar Fuerte (VEF) in the box and clicking the convert button. This way you can get the Venezuelan Bolivar Fuerte’s price in relation to other currencies.

INTRODUCTION TO THE VENEZUELAN BOLIVAR FUERTE

The Bolivar Fuerte was introduced in 2008 replacing the Bolivar and since then it is the official currency of Venezuela. It is used by approximately 30 million seven hundred thousand people. You can check the today value of the Venezuelan Bolivar Fuerte and check its price.

Between 2008 and 2011 it circulated simultaneously with the Bolivar (VEB). For this reason it was necessary a reconversion practice in the common mercantile transactions.

The Banco Central de Venezuela is an autonomous organization founded in 1939. Among its functions there are to formulate and execute the monetary policy, to participate in the design and to execute de exchange policy, to regulate the credit and the interest rates of the financial system. It is also responsible for regulate the currency and promote de appropriate liquidity of the financial system, to centralize and manage the international monetary reserves of the country, to participate in the currency market and to monitor and regulate such market. Is also is in charge of safeguard the appropriate functioning of payments of the country.

We show the updated today’s value/price of Chilean peso (CLP).You can get the exchange from Chilean peso to another currency by introducing the value or amount of Chilean peso (CLP) in the box and clicking the convert button. This way you can get the Chilean peso’s price in relation to other currencies.

INTRODUCTION TO THE CHILEAN PESO

The Chilean peso was introduced in 1975, replacing the escudo and becoming the official currency of Chile. It is used by approximately 17 million seven hundred thousand people. You can check the today value of Chilean peso and check its price.

The peso has been the currency of Chile since 1817, when replaced the colonial real. It was only replaced by the escudo between 1960 and 1975, coming back in that year as the legal tender in Chile.

The Banco Central de Chile is a self-governed organization, with constitutional status, technical, with legal personality, with its own equity instruments and indefinite duration. It was created in 1925 and it regulates the amount of money and credit circulating, executes operations of international exchange and gives monetary, lending, financial and international exchange regulations.